Common use of Eligible Substitute Home Equity Loan Clause in Contracts

Eligible Substitute Home Equity Loan. A Home Equity Loan substituted by the Depositor or the Servicer for a Defective Home Equity Loan pursuant to Section 2.02(a) or 2.04, which on the date of such substitution must

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-3), Sale and Servicing Agreement (HSBC Home Equity Loan Corp I), Sale and Servicing Agreement (HSBC Home Equity Loan Corp I)

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Eligible Substitute Home Equity Loan. A Home Equity Loan substituted by the Depositor or the Servicer for a Defective Home Equity Loan pursuant to Section 2.02(a) or 2.04, which on the date of such substitution must:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-2), Sale and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-1)

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